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LiveTime Service
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Compliance |
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Sarbanes-Oxley
and COBIT
The Sarbanes-Oxley Act was
passed in July 2002. The most
dramatic change to federal
securities laws since the 1930s,
the Act radically redesigns
federal regulation of public
company corporate governance and
reporting obligations. It also
significantly tightens
accountability standards for
directors and officers,
auditors, securities analysts
and legal counsel.
Among the key changes most
notable are the requirements for
auditing. LiveTime can
effectively help implement a SOX
compliant Service Desk solution
that adheres to specific Control
Objectives for Information and
related Technology (COBIT)
control objectives covering the
operation of service desks.
LiveTime provides direct support
for managing the key IT
processes of service level
management, problem and incident
management, and with the process
of assisting and advising
customers.
Read Sarbanes-Oxley Press
Release for Details
Basel II
The Basel II Accords are
recommendations from the Basel,
Switzerland, Bank for
International Settlements' Basel
Committee on Banking
Supervision. They provide
official guidelines for
financial institutions that
standardize measurements of
credit risks, market risks and
operational risk.
Basel II centers around the
location of data, where it is
stored, access to and tracking
of data. LiveTime solutions
provide a complete audit trail
according to this set of
guidelines for protecting the
integrity of information within
the system. |
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Key Technologies Cut SOX Compliance Costs 25 Percent
